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Monday Morning Emini S&P 500 Rundown and Trading Expectations for the Week of 9-13-21 with RDT

Sep 13, 2021

Hey guys! Keeping today short and sweet—we have a HUGE storm heading our way, schools are closed for the next 2 days and we’re preparing to hunker down since the eye seems to be heading directly towards us. So, long story short for the market, we’re getting REAL close to the 55 EMA on the daily chart but haven’t quite touched it yet. History tends to show a touch of the area before it takes back off to the upside but it is not necessary. With the larger charts shifting their direction to the downside (being below the Zero line and the EMAs) I’m going to anticipate more down until that changes. We have areas of the EMAs to move the market down, so even though it is trying to move back up now, signs show that it might be “short-lived”.. But as always.. trying to make the market do what we want it to do has traditionally shown disaster in trading accounts, so just listen.. pay attention and trade what it gives you! I’ll be shutting everything down shortly so any of the bad weather doesn’t cause any issues around here but I’ll still be around for sure! Reach out if you have any questions and much love my friends!

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